Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Has anyone consider that the trial results may already be available ... Pending payment? Perhaps that's why the current finance deal is so vital? I would not be surprised if results are released soon after the financing is done and dusted.
You'd be cutting it fine, registering an account, buying shares on the open market then getting the broker to register you as a share holder with the WRAP vendor, then applying for the offet. Fat chance I'd say but good for you if you succeed. LH&K Mafuta
If you want to subscribe to the WRAP offer and have not been contacted by your broker you should contact them ASAP bearing in mind this is a holiday weekend and the offer closes 10am on Tuesday ... But you have to be a current shareholder to qualify ... BTW ... This is not advice to buy or financial advice.
Great set of results. This share is surely due a re-rate. LH&K Mafuta
Hi HBD I'm also as sick as a parrot but I think it's important to take the BOD to task on this ... If I could attend the AGM I would be telling them some home truths ... In a civilised and mature way of course ... They need to get the message that if they do not pull their socks up there are enough PIs out there to call them to account and even vote against some to continue as directors. LH&K Mafuta
There is a lot of strong feeling (some justified and some not) about the performance of our BOD and this BB has been full of comments expressing deep frustration and dissatisfaction which is entirely understandable ... The problem is one cannot assume that the BOD will get the message of their shareholder’s feelings on their performance unless they are told. We simply cannot assume that they access this BB and take note ... My advice is to write to the BOD outlining your feelings and if at all possible, go to the company meeting in person or at least send in an electronic question ... To get an invite to the company meeting you will of course need to actually hold shares in Sareum ... Let’s hope we get a solution to this mess we are in ASAP … LH&K Mafuta
FWIW here is IRs response to my letter sent to the BOD yesterday:
"Thank you for your email and interest in supporting Sareum, which is much appreciated. As noted in our RNS of March 12, we are currently assessing funding sources. Should we pursue an equity fundraise, as we have done before we would anticipate giving existing shareholders the opportunity to participate. As we have done in the past, we would expect this would be through one of the retail platforms such as Wrap or Bookbuild. If this is the case, then full details will be announced to the market, and we will ensure that in addition we send you a copy of that announcement.
With best regards, Sareum IR"
I was impressed by their speedy response ... Perhaps they have been given a nudge to step up to the mark?
LH&K Mafuta
With 1b results inniment may I suggest that the timing of the RNS raises considerable intrigue. Why have they not delayed the announcement until release of the data? There must be a good reason and someone must know ... One could of course ask but I doubt if you'll get an answer ... In the meantime everything else is conjecture. "It's easy from an armchair" after all the odds of being right or wrong are 50:50. LH&K Mafuta
The drop in price yesterday was I feel a tad over done ... However it provided me a rare opportunity to double my holdings and average down significantly ... Here's to fruitful negotiations. LH&K Mafuta
Https://twitter.com/Sareumplc/status/1759879219650130007?t=vXH8h3rBZ_FAxluWXHmldg&s=19